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SEEDING FUTURES FOR WELLBEING

Catalysing Collective Imagination


Context
This compendium is a response to the essay penned by The Hon
CONTENTS
Dr Jim Chalmers MP for The Monthly in February 2023.
Our team at Griffith Centre for Systems Innovation (GCSI – formerly Seeding Positive Futures
The Yunus Centre) was inspired by the Capitalism after the 3 - A Collective Imagination Starter Pack
Crises topic, and decided to approach a diverse group of potential - How might we catalyse collective imaginations for positive futures?
collaborators (see below) to come together around the theme. - Understanding the imagination landscape

We were interested to explore what we might together as a group Seven Themes


be able to generate by way of practical (HOW) suggestions that
could support the vision and sentiment outlined in the essay. We
gathered on March 16th, 2023, before and after CEDA’s Major 8 Accounting for the Future
Address lunch held that day, and also ‘listened together’ to the
Treasurer’s address at the event. 10 Intergenerational Wellbeing of Places + Communities
On the day and over the intervening period, we’ve worked to
develop this response. We offer this in the spirit of being ‘in
conversation’ with the Monthly essay and the Treasurer’s efforts 12 Systemic Capital
to promote a values-based capitalism agenda, potentially as an
important legacy of his tenure.
15 Transforming Markets + Supply Chains
We hope to continue this conversation and offer our support
to deepening and strengthening both conceptual and practical
understandings of what it would take to affect systems-shifts along 18 Quality Jobs in the Future of Work
this trajectory.

Participants who came together to workshop ideas presented in this compendium: 21 A Diverse Care Economy that Really Cares
• Professor Ingrid Burkett, Director, GCSI
• A/Professor Joanne McNeill, Deputy Director, GCSI
• Dr Glenda Stanley, Partnerships Manager, The Bryan Foundation
24 Just Energy Transitions
• Professor Katherine Gibson, Community Economies Institute & Institute for Culture
& Society, Western Sydney University Creating Conditions for Cultivating Collective Imagination
• Craig North, Managing Director, Firesticks Alliance 27 - Next step seeding...
• Belinda Drew, Deputy Director-General, Communities, Department of Treaty,
Aboriginal & Torres Strait Islander Partnerships, Communities & the Arts
• Adam Fennessy, Dean & CEO Australia & New Zealand School of Government
• Tim Marshall, Head of Government Relations & Public Affairs, Skafold Global
• Sacha Edema, Head of Government Affairs, Paul Ramsay Foundation
• Clare Fountain, Education & Training Lead, Business Council of Cooperatives &
Mutuals (BCCM) https://doi.org/10.25904/1912/5007
2
Seeding Positive Futures
The current political environment in Australia sharing. Some of the seeds are responding
isn’t always conducive to the sharing of bold and to ‘unknowns’ in the future - but we make
courageous visions for collective futures. Yet, space for the conditions that might mean that
we live in a time when exactly such visions are if we plant them they could sprout and provide
needed, perhaps more than ever. We need to be opportunities over coming years.
able to harness our collective imaginations, and
commit our shared capacities towards creating The seven themes are outlined below. This
such futures. We do not have to agree on how booklet explores each one in turn, creating
to get there - but we do need to imagine potential some foundations for deeper discussions.
directions, opportunities, options towards which Seeding Futures for Democratic, Values-based Capitalism
we can navigate, no matter where we sit. Figure 1: Seven themes identified in Jim Chalmers’ 2023 essay ‘Capitalism After The Crisis’ (https://tinyurl.com/5dnk37vs)
Starting from the article shared by the Treasurer,
we have identified seven themes that could Accounting for
create the foundation for such conversations. the Future
We offer this as a catalyst to start deeper
conversations - conversations that take this
particular vision as a starting point, but use it Just Energy
to ask deeper questions, foster engagement, Intergenerational Wellbeing
Transition
debate, dialogue and genuine curiosity about how of Places + Communities
we can grow positive futures.

We call on the Treasurer to continue to foster,


nurture and grow this important conversation
- and to start close in, in his own electorate, to
support a collective, deliberative, participatory
imagining of how we could plant and grow
seeds of possibility towards the vision of a
more just, more sustainable future.
A Care Economy Systemic
Some of these ‘seeds’ are already planted, that really Cares Capital
waiting to flourish with the right attention and
conditions. There are existing initiatives that
are already growing pockets of these futures in
the present which need further exploring and Transforming Markets
Quality Jobs in
the Future of Work + Supply Chains 3
A Collective Imagination Starter Pack
This booklet is intended as a collective imagination starter “The task of turning imaginative ideas into lived realities
pack! We have created a reflection on the seven themes
invariably involves assemblies that combine multiple things
identified above with the aim of engaging with other interested
into a useful form rather than just extrapolation from a single
parties, both locally and internationally, in processes of rigorous
imagining and deliberation about how we could create the idea...what changes the world in the end is the generative
conditions for futures in which values-led capitalism, democracy ideas, not the detailed blueprints.”
and wellbeing could flourish. Geoff Mulgan, Another World is Possible: How to Reignite Social and
Political Imagination, 2022
For each of the seven themes we have drawn together some
questions, perspectives, sense-making starting points and
deeper potential discussion points aiming to foster collective
imagination and deliberation.
How might we catalyse collective
imaginations for positive futures?
Theme
All of the questions, inspirations and pockets of possibility shared in the
Themes drawn from the original article following pages offer insights into (and hopefully inspire imagination
requiring collective imagination around) the kinds of enterprises and initiatives policymakers, financiers
and other eco-system actors could be supporting and prioritising to take
Core Question on practical roles in shifting the trajectory of change.
A core question that helps shape a frame for But if we are to really shift-the-dial here we need to get much more
imagining possibilities nuanced about what we mean by values when we talk about values-
based capitalism, and about how public participation could help shape
Perspective on the Territory narratives around imagining this relatively complex territory.

An overview of some of the territories of the Over the course of the original day’s discussion, our collaborating group
theme from our perspective coalesced around two inter-twined strands that would be critical in taking
the dialogue further into the public domain:
Starting Point for Sense-Making • meaning-making over indicators and other ‘measures’ of wellbeing,
A provocation or framing as an offering for to improve interest in participation; and
sense-making
• opening up more deliberative, distributed and participatory spaces
Territories for Deliberation through which people could contribute to decision-making that affects
A set of potential territories for collective their lives and the futures of their communities.
imagination + deliberation
4
The assumption is that if measures could be made
more meaningful, then people will be more interested in Uncovering citizen Imaginariums Speculative Futures writing +
participating in defining and supporting the values that narratives about collective Spaces (physical and/or arts festivals For example, the
futures. virtual) of curated imaginative Black Speculative Arts Movement,
guide and govern decision-making. And if more people a worldwide creative movement
For example, the use of the ideas for the present + futures,
are participating, the values that permeate our lives will method, ‘SensemakerTM’ to or museums of imagination integrating African diasporic
be more explicit and by default also more inclusive and look at clusters of narratives that exhibit ideas from a place worldviews with science or
or a region or a cohort of technology holds a Black Futures
representative in their expression. that give us a sense about how
Festival in St Louis to explore
citizens are thinking about their people - see
futures + the future of their https://tinyurl.com/3bx2xche speculative futures - see,
Many of us have heard of ‘citizens juries’ or ‘citizens www.bsam-art.com
place - see
assemblies’ as ways of drawing together diverse groups https://tinyurl.com/3ujuenkb
of people to rigorously and deliberatively explore particular
issues. We suggest that a variety of methods be tested
and tried, including any or all of those illustrated here (see
Figure 2).

Understanding the imagination landscape


In thinking about a trajectory towards a society where
values-based capitalism models become more normalised
as ways of ‘doing business’, we find the Three Horizons
method offers a useful framework (see Figure 3). Serious Imagination Games Distributed Collective Growing imagination
Using real + virtual games to Futures Festivals capability across
We draw on this approach (developed by the International engage people around For example, the RSA’s communities + cohorts
imagining local futures. For Unboxed celebrated the power For example, Camden
Futures Forum), to challenge and open up linear views of example, “Utrecht 2040” is a of people coming together to Imagines has created courses
change - that make futures appear opaque, impossible multiplayer mobile game that imagine + design better futures for teams + organisations with
and risky – and to make the different ways we could enables students of Utrecht through installations, events + a focus on imagination as a
University to re-imagine better experiences created across the core leadership skill +
imagine futures into being more visible. futures for the city aligned with United Kingdom encourages working with
the UN SDGs, + propose - see communities to embark on
The Three Horizons framework helps to get clearer about changes in real contexts + share www.thersa.org/collective-futures collective imaginings. see
both what potentials lie in the present and how we could them with other players - see https://tinyurl.com/2p9btpaw
imagine futures. We’ve written previously about how the https://tinyurl.com/hy5wcv67

framework can be used in combination with Mariana


Mazzucato’s work on Mission-oriented innovation (we call
it Challenge-led, as appropriate in the Australian context).

If we locate normalised democratic, values-based


capitalism and wellbeing as part of the ‘preferred future’
(third horizon), we can gain a sense of how we might
traverse there through applying a second horizon lens
Figure 2: Beyond Citizen Juries: Opening possibilities for collective, deliberative and participatory imagination
– as this isthe transition and transformation zone where
5
Horizon One Horizon Three
experiments, adaptations, and partial ‘solutions’ Current paradigms, Emerging paradigms, future
proliferate and where we can ‘test’ the future. assumptions, data + Horizon Two systems + consciousness
infrastructure Transitions requiring
Examining ‘pockets of the future in the present’ transformational
can also help us to add colour to pictures of what experiments + learning
democratic, values-based capitalism could look
like in practice in different contexts.
So many of the themes we’ve picked out of the
article have deep roots - they are not ‘new’ ideas
and they have been spoken about in many forms
often for decades.

The real challenge is less about debating the


‘truth’ of tiny details of ideas and imaginings, and
more about how we move from conceptual NOW NEAR FAR
imaginings to making imaginaries that provide FUTURE FUTURE
opportunities to test how new approaches and Figure 3: The Three Horizons framework (based on that developed by Bill Sharpe and the International Futures Forum, 2016)
shifted trajectories could become part of our
social fabric.

We think there are five core rhythms to helping


shift from big ideas to big realities (not in a linear 4. Biodegrading incumbent systems: in doers will be required. And just like some of the
way, but more as a continuous rhythm): order to make space for the new, we need to responses to the Treasurer’s article, there will
find ways to biodegrade what is no longer fit be naysayers, haters, distractors and trolls. But
1. Learning the territory: understand the for purpose - this is a whole body of work in let’s get on with it anyway!
histories of the idea, origins, traditions and itself and rarely discussed or enacted!
lessons learnt; Because, without at least some movement
5. Seeding possibilities + creating towards the kernel of each one of the themes
2. Making visible existing seeds + saplings: conditions for possible futures: seeds can identified here we face futures that will be hard,
finding what is already planted, and nurturing take years to germinate...but unless they are perhaps even catastrophic. Taking a position
these, creating conditions for these to planted in the present, and the conditions for of opening the way to engage our collective
flourish; them to grow are present, there is no hope imaginations will at least give us a way to start
for generating forests of future possibilities. opening up different possibilities.
3. Seeding collective imaginations towards
transitions: working with diverse peoples to For these rhythms to generate real shifts over
create participatory processes in imagining the next few years, a movement of leaders,
convenors, creatives, makers, thinkers and
The best time to plant a tree seed was 30
HOW positive futures might be created;
years ago, the second best time is now.
A quote sometimes linked to Confucious...
but it’s actual origins are a little unclear!
6
Nurturing Conditions for
existing saplings to flourish Seeding collective imaginations towards transitions
Biodegrading incumbent systems Seeding possibilities + creating conditions for possible futures
Recognising needs for Creating + investing in a transition seed bank that fosters Seeding possibilities: collective imagination of possible
transition + tapping into both collective imagination + experimentation futures + then creating the conditions to enable them
decline of current
systems

Seeding futures in which people,


places + the planet can thrive

Making Visible Existing Seeds + Saplings


Recognising the seeds of the future that exist in the
Supporting conditions for collective
present + fertilising them
imagination, experimentation + action

Embedding a strong culture of adaptation

NOW NEAR FAR


Learning the Territories FUTURE FUTURE
Acknowledging + learning from what has gone before
(honouring + learning from First Peoples knowledge) Figure 4: The Three Horizons Framework reimagined as creating different conditions for seeding futures
7
Accounting for the Future “To measure what matters is also to recognise a growing consensus from
economists and investors that our economies need to embed and express
more than one notion of value. Tracking these metrics over time will give
us a more comprehensive picture of whether policies are working. But it
will also give us an evidence base from which we can have better, more
How do we build a true picture of the nation’s books – one informed discussions about what needs to be done to lift living standards,
that reveals more than the bottom line? boost intergenerational mobility and broaden opportunity”.
Jim Chalmers (2023) ‘Capitalism After The Crisis’

At the end of the 20th Century, John Elkington developed the


‘Triple Bottom Line’ model which became the basis for a range
“Triple Bottom Line’s stated goal from
of accounting and reporting systems from ‘full cost accounting’
the outset was system change —
to ‘integrated reporting’ and ‘multiple capital models’. In the last
pushing toward the transformation
decade there has been an explosion of different models and
of capitalism. It was never supposed
frameworks that are trying to ‘account for the future’ - from ESGs to to be just an accounting system. It
SDGs, everyone is seeking to measure what matters for wellbeing was originally intended as a genetic
and sustainability. Of course there are questions around efficacy of code, a triple helix of change for
measures, how we best use and learn from what we are measuring, tomorrow’s capitalism, with a focus
and how we measure forwards towards better futures rather than on breakthrough change, disruption,
just rely on retrospective measurement. asymmetric growth (with unsustainable
sectors actively sidelined), and the
The government’s release of the Measuring What Matters scaling of next-generation market
framework is a great step forward - recognising of course that there solutions”.
have been attempts to measure wellbeing before in Australia going John Elkington, 2018
right back to last century, but that they have not been maintained
largely because they have not had broad political commitment (see
for example, Measures of Australia’s Progress). So, perhaps the
most critical questions centre on how we agree, maintain and apply
wellbeing measures over time and across political divides to really
shift policy, grow opportunities, address challenges and commit to
learning from mistakes.

Data represents a huge new value creator. If Australia can build


the infrastructure, commit the resources needed, and grow strong,
ethical frameworks around access, availability, usability and equity,
we have the potential to seed positive futures connecting data,
measurement and opportunity.
8
How might examining How might we make
the history of current current accounting + How might we not only What would it mean to What might the long
accounting frameworks reporting frameworks ‘measure’ what matters, but harness the power of data game story of data +
help us open opportunities only a part of the understand when + how to for the intergenerational accounting be?
The ‘Three Horizons’ can be used as for changing how we picture + eventually act on what we learn from wellbeing of people, place
account for our futures? biodegrade those that measurement? + planet?
a framework for dialogue - to open up are not useful?
questions + stimulate discussion across
horizons of time.
How might learnings from
Here we have collected some key diverse histories help
questions that might inform some account more holistically
for collective futures?
starting points for processes of
generating collective imagination -
connected to the theme of Accounting
for the Future.

INFINITE PAST NOW


NOW NEARNEAR
FUTURE
NEAR FAR FUTURE
FAR INFINITE FUTURE
FUTURE
FUTURE FUTURE
How might First People’s knowledge of Figure 5: The Three Horizons Framework stretches out to pasts + futures
wellbeing that connects people + country
shape a remembering of the future?

A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Local & Power to Open Data + Leveraging Deepening


Global Futures People Measures Technology Accounting &
How could we align the How could we grow with Care Accountability
How could we build
a nation of ‘citizen
‘measuring what matters’ on Open Data, to How could decisions How could accounting
researchers + learners’
framework with global make measurement about measurement frameworks support
- putting the power over
frameworks (like SDGs), data in the hands of infrastructure freely + data maximise the ‘action on what matters’
making sure that local citizens AND creating available for the public potential of technology by building in transparent
communities + regions infrastructure that enables good, encouraging to create economic + incentives, accountability
also benefit from + citizens to access, use, transparency, ethics, social opportunities mechanisms + flags
access measurement share measures + data learning + innnovation? + minimise potential when measures
frameworks + that matter to them,
harms from bias + deficit indicate challenges or
infrastructure to measure growing the picture of
data? deterioration of wellbeing
what matters for them? what matters from the
ground up? or sustainability?
9
“I know from my own community in Logan, south of Brisbane, how unjust it is that people who live on the outskirts of capital cities
and in some regional areas experience much more inequality than other citizens. But this injustice presents an opportunity: to
focus our attention on place-based initiatives where communities have the genuine input, local leadership, resources and authority
to define a new and better future, especially for kids”. Jim Chalmers (2023) ‘Capitalism After The Crisis’

Intergenerational Wellbeing of Places & Communities


How do we nurture positive futures in place, caring for Country, protecting our diverse ecosystems and
ensuring that future generations will thrive in vibrant, healthy communities?

People live in, work in, care in, places and importance of context in creating positive social and
communities. Those places are embedded in Country, health outcomes, and is building on evidence that
in ecosystems, in landscapes that people know and community participation and collaboration can be
care for, which define their lives and their prospects. an important part of achieving better outcomes for
In recent times Australia has seen the impacts of children and families.
climate and biodiversity crises in specific places - who
can forget the fires in places like Kinglake, Mallacoota, There is, however, a need for some deeper integrated
Bega Valley, Beechmont, and the floods in Lismore, thinking and action around how we ensure that places
Bundaberg, the Lockyer Valley and in the Kimberley and communities across Australia can continue to
to name just a few. Communities bear the brunt create opportunities for future generations. We need
of ecological, economic, and social shifts. Places bold ideas and actions to ensure that places and
represent the face of pressures as climate changes, communities can support thriving ecosystems; provide
supply chains strain and housing crises worsen. opportunities for good, quality jobs in strong local
economies; develop robust social fabrics; offer access
It is no wonder then that ‘place-based’ approaches to effective support networks; promise equitable
have become common for delivery of services, availability of housing, education and health services;
engagement of populations and transition activities. and secure affordable, high speed communications
Place-based policy is increasingly recognising the services that enable distributed opportunities across
this vast continent.

“Imagination is often referred to as a sort of solo activity — authors, artists — but what we’ve found is really
key to creativity is that it’s a collective imagination process. It’s the magic of creating together.”
10 Phoebe Tickell, Moral Imagination, 2022
Pockets of the Future in the Past + Present
The ‘Firesticks Alliance’ is a growing movement that seeks to spread not only these practices but grow intergenerational wellbeing in First
Nations communities, and nurture and protect ecologies. The Firesticks Alliance is an example of how holistic wellbeing can be practiced -
and how ‘wellbeing’ could take us to places far beyond what is currently imagined in mainstream articulations of the concepts.

The Firesticks Alliance Indigenous Corporation provides Firesticks ultimately strives to empower Aboriginal and non-
Indigenous leadership, advocacy and action to protect, conserve Aboriginal communities to work together towards healthy,
and enhance cultural and natural values of people and Country functional and resilient landscapes.
through cultural fire and land management practices.
Firesticks is facilitating training, implementing on-ground works and
Firesticks aims to re-invigorate the use of cultural burning conducting scientific monitoring to establish a greater understanding of
by facilitating cultural learning pathways to fire and land the ecological impact of cultural burning practices.
management.
The program aims to work with fire to enhance ecosystem health by
It is an initiative for Indigenous and non-Indigenous people to look improving habitat condition and connectivity within culturally connected
after Country, share their experiences and collectively explore landscapes. The integration of social and ecological elements is
ways to achieve their goals. driving a deeper approach to wellbeing.
Firesticks is an opportunity for people to build on the knowledge Firesticks Alliance
they already have on Country and look for ways to make use of https://www.firesticks.org.au/
new technologies and understandings as a way to support cultural
identity and practice.

A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from
our discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Locally-led Beyond Projects Real Community Resourcing


Wellbeing + Pilots Governance Local Adaptation
Indicators Infrastructures
How could we connect How could we go How could we grow
national indicators for beyond small + pilot democratic futures How could we resource
wellbeing with locally-led projects to grow in Australia through local infrastructures
frameworks measuring, wellbeing through bold, a radical revision of that enable decision-
monitoring + learning far-sighted, long-term, grass-roots governance making, data + learning
from what matters at a holistic + developmental that is more than local to encourage locally-led
local, community level approaches; including boards, committees and adaptation in the face of
creating the foundation opening up what they may meetings so that genuine, climate crises and the
for rich, adaptive + look like + what they may democratic opportunities wellbeing challenges this
engaging approaches to focus on? for diverse communities generates?
wellbeing? to have a voice are
11 established?
Systemic Capital “Across the social purpose economy, in areas such as aged care,
education and disability, effective organisations with high-quality talent
can offer decent returns and demonstrate a social dividend - but they
find it hard to grow because they find it hard to get investors. Right
How do we enable the flow of the vast resources now, the market framework that would enable that investment in effect
needed to enable coherent, collective effort, and doesn’t properly exist” Jim Chalmers (2023) ‘Capitalism After The Crisis’
shared pursuit of bold, holistic goals?

Capital is a fundamental enabler of innovation and action towards impact goals through fields like impact investment, but
- whether that capital is public, private community and/or the mechanics of allocation remain largely the same, focused on
collective. Capital markets have been a primary building generating ‘pipelines’, cherry-picking deals, and growing portfolios
block of the modern, global economy. However, as it of ‘single point solutions’ (Gurciullo, 2021).
becomes increasingly clear that these economic systems
need to be rewired to mitigate existential risks to human Impact Investment is built out of the first horizon and helps
wellbeing and the health of the planet, paradigms around us to move towards second horizons. However, while such
the purpose and application of capital are also shifting. approaches (whether they be commercial, public, philanthropic
or community-based in nature) are enabling many good things to
Around the world, and in Australia, governments, financial happen, they will not foster the trajectories and scale of change
institutions, businesses, non-profit entities, philanthropists, we need. As a result, we are missing opportunities to harness
individuals, and communities, are experimenting with collective efforts that exist across people, enterprises, projects,
different ways to access, structure, and blend finance and institutions wanting to achieve common goals, and limiting
to enable transitions and collective betterment. These our potential for transformation. To shift towards second and third
developments, such as impact investment, are promising, horizon trajectories we need to think more about systemic capital
but not yet sufficient. and transformational investment - including using emerging
instruments such as co-operative shares, debentures and co-
Too few resources are finding their way to actors and operative capital units (eg. see https://tinyurl.com/2p8yn5nc) - and
activities that have the potential to create real positive stretch our imaginations beyond the orthodoxies of current market
impact, and those that do often fail to foster enduring and mechanisms and assumptions.
coherent change. So, beyond the need to increase the
flow of resources towards creating better futures, there
also needs to be new thinking in respect to how those “What we need now is a radically new approach to investing with the explicit aim
resources are allocated, managed, and governed. of systems transformation - one that deploys capital with a broader intent and
mindset; that is anchored in different methodologies, structures, capabilities,
Indeed, while there is a growing realisation that complex
and decision-making frameworks; and that moves away from a project-by-
challenges require ‘systems of interventions and system
project mentality...What matters is that investment decisions are based on an
innovation’ (Johar, 2017), we are not yet investing with
understanding of how such impact will emerge at the system level, not just at
that mindset. Yes, we are seeing financial capital move
the level of a single project or transaction”.
Dominic Hoffstetter, Transformation Capital, Climate KIC, 2020
12
Below is an imaginary group of systemic investment portfolios for Logan - through which we can see how three ‘outcome’ arenas - affordable housing, green
energy and local jobs could spark a range of investment opportunities - all generating value across the outcomes, but not all having the potential to deliver
stellar monetary returns. If we are to really develop systemic investment approaches, we need to imagine such scenarios, test them, try them, learn and grow
them.

Local Job
Creation
Incentives
Green
Small
Energy Solar + Business
Wind Retrofit Development
Farm Trade Infrastructure
Training Local
Courses
Jobs
Micro-grid
Cooperative
Housing New
Retrofit Construction
Local Power Enterprise Trade
Company Green Training
Infrastructure intake
Development
Contract
Conservation Self-Build
Park + Forest
Cooperative
Finance
Ownership
Development
Infrastructure Rent-to-Buy
Community Affordable Scheme
Infrastructure Green Housing
Investment
Fund
Joint Equity
Scheme
Growing
Maker Affordable
Library Space
Housing in
Logan
Figure 6: Imagining systemic capital in Logan, Queensland

13
Multiple Asset +
Outcome Multiplier Impact Investment has helped to There is growing recognition that transitions to
Approaches
A set of potential challenge asset classes, what is regenerative futures require fundamental changes -
territories for collective
How could we drive
private + public
‘investable’ + what should be included moving beyond investment orthodoxies +
imagination + investment away from a as a ‘return. It is a good start, but not challenging some core economic tenets so that
deliberation: in these focus on single assets,
deals and investable enough to take us forward... investment is able to sustain intergenerational
cards we have drawn
some starting points
projects, towards systemic
capital that takes as its
wellbeing
from our discussion starting point an outcome
‘field’ where the outcomes
with the group and intersect + multiply in
from research that relation to each other?
could form the basis
of questions for
deliberations on this
From
theme. Segmentation
to Integration of
Markets + Capital
How could we incentivise
‘integrated’ investment,
drawing together private,
public and civic capital
to focus on maximising
+ multiplying benefits,
outcomes + value
creation?

Value + Outcome
as Focus of
Portfolio
Composition
How could we focus
portfolio composition on
total value + outcomes
- so that they become
much more driven by their NOW NEAR FUTURE NEAR
catalytic potential than
their risk/return profiles, FUTURE
creating opportunities to Figure 7: Impact Investment is a good start but it is not robust enough to help us transition into positive futures
drive transformation away
14 from polycrisis?
“It’s not just our economic institutions that need renewing and restructuring, but our
markets as well. Here, government has a leadership role to play: defining priorities,
challenges and missions - not ‘picking winners’. This is critical to guide how we design
markets, facilitate flows of capital into priority areas, and ultimately make progress on
our collective problems and purpose”. Jim Chalmers (2023) ‘Capitalism After The Crisis’

Transforming Markets & Supply Chains


How do we transform markets for public, common and planetary good? How might transformed markets build more
resilient, less fragile supply chains whilst also ensuring stronger wellbeing for people, places & the planet?

In order to create the sort of transformative change that is - such as policy, public investment, regulation and tax
needed in this age of ‘polycrisis’, governments have been incentives.
challenged to see their role as less ‘market fixing’ and more
‘market shaping and creating’ (see the work of Mariana No doubt technology will both generate and potentially
Mazzucato in particular). Creating strong incentives and support market and supply chain transformations.
constraints within an agenda of inclusive and sustainable However, we need the available levers to shape these
growth is a critical role for governments - particularly in an technologies so that they support democratic, equitable
era where corporate and shareholder power is challenging and sustainable futures; and stop relying on the interests
some of the fundamentals of democratic rule. of individual firms and/or ‘the market’ to determine our
societal trajectories. Here consideration of platform
The experience of a global pandemic, and increasingly ownership offers a useful entry point for exploration (see
strong ecological signals, indicate the need to challenge for example https://platform.coop/).
some of the fundamentals of economic thinking, and more
particularly, neoliberal economic orthodoxies. We need to We have an extraordinary opportunity to harness
think afresh about the role, the capacities and the capabilities technology for the public, common and planetary
that government, business and civil society must cultivate good over coming decades - but we must urgently and
and resource in order to be able to make their contributions decisively grow democratic institutions and equip them
to transitions and transformations. with the guardrails that will ensure this opportunity is
harnessed and directed towards inclusive and
The public sector in particular has a significant shaping, sustainable futures.
steering, and creating role to play given the levers available

“The common good is a shared objective. By emphasizing the how as much as the what, it offers opportunities to promote
human solidarity, knowledge sharing, and collective distribution of rewards. It is the best – indeed the only – way to ensure a
decent quality of life for everyone on an interconnected planet” Mariana Mazzucato, Project Syndicate, January 2023.
15
Below is a continuum of procurement policies and practices that shows both the current evolution of procurement as a lever for equity and
impact, but also illustrates the next potential evolution needed to really imagine procurement as creating regenerative value. This image
was developed by Griffith Centre for Systems Innovation and Ethical Fields for City of Newcastle’s Localising Supply Chains 2022 project.

focus Optimising positive


e
Opportunities for transforming
s valu impacts for people, place
conventional ‘price-based’ pact a
Im + planet through value
procurement policies + procedures
chains + supply chains

Opportunities for growing + strengthening regenerative


focus supply + value chains to optimise total value creation
e
valu
e as
ic
Pr ‘Do no harm’ ‘Regenerative Value’
‘Additional Value’

Conventional Sustainable Social Impact Supply Chains


Procurement Procurement Procurement
Optimising value as Sustainable development Corporations use their Purchasing entity (or collaboration
price. Though ‘value + CSR movements saw buying power to of entities) configure their supply
for money’ has been increased pressure on generate social value chain management policies +
broadened, much corporations to take more above + beyond the practices so existing budgets can
conventional responsibility for value of the goods, be harnessed to foster, maintain +
procurement practice services, or construction grow supply networks that
does not focus on environmental + social
strategic approaches to impacts generated being procured. intentionally contribute to
value creation. through business models. generating specific social,
environmental, cultural +/or local
16 Figure 8: Scenarios for supply chain futures on a continuum economic objectives.
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Incentivising Long Local First Critical Industry Transparency


Term Markets Planning Matters
How could we use How could we foster an How could we How could we grow +
levers such as taxation approach of subsidiarity plan + test supply incentivise supply chain
to incentivise long- (the principle that chain diversification transparency, including
term investment specific issues are best opportunities for critical through technologies
+ disincentivise managed at the most industries including such as blockchain,
speculation + short- local level possible) by reshoring, nearshoring, to promote ethical,
termism in markets? growing and deepening local supply and value sustainable supply chains
local supply chains chains that could support + to understand key risks
particularly for critical other goals such as to supply disruption +
supplies? energy transition? plan alternatives?

Pockets of the Future in the Past + Present


G21 Regional Opportunities For Work • Spending Socially – growing opportunities to Local benefit multipliers occur when spend is made
(GROW) is an initiative of Give Where You buy from businesses who employ from GROW with locally owned and independent businesses.
Live Foundation and G21 – Geelong Region communities; That spend is recirculated through the local
Alliance. The initiative aims to change the way economy at 2-4 times the amount, than money
• Being Inclusive – creating safe and supportive
the whole region procures and operates to buy spent with non-local companies. As this spend
workplaces for all; and
and employ locally and improve the economic moves through the community, it generates more
and social prosperity of the region, by giving • Advocating and Collaborating – for region local wealth, charitable contributions, and jobs.
a chance to job seekers who are missing out. wide change, and to strengthen the GROW
network. At a macro level, GROW has shifted the way
The network has around 130 signatories who
government procures, particularly on major project
have committed to shift the ways in which they
These actions help GROW Signatories, spends. They have piloted a social procurement
procure and spend to create opportunities
and the system stakeholders they engage, to approach for inclusive employment and targets,
for people and places in the region who have
enable the movement of knowledge, the movement which includes paid pre-employment training,
experienced ongoing challenges.
of talent and the movement of capital. an on-site mentor and wrap around supports
The four ways in which GROW has used throughout a candidate’s placement. The model is
procurement initiatives to shift opportunities GROW’s work in local procurement demonstrates included in a tenders’ scope of works and requires
focus on: that for every dollar GROW Signatories spent with bidders to price this into their application. Penalties
local G21 suppliers, $2.04 is generated in the local also apply if the social procurement targets are not
• Spending Locally – fostering commitments economy. The direct impact of signatory local spend delivered.
to buying from local businesses to help the helps to support jobs and industry. However, this
local economy and create jobs; under counts the full benefit to the local community. See the GROW report card, 2022 17
“(We aim for) growth that puts equality and equal opportunity at the centre. This is not only fair, it’s good economic
policy. ...Our goal here is secure, well-paid jobs, but also getting our human capital right more broadly - seeing
productivity and participating as a function of investing in people, especially their capacity to adapt and adopt new
technology” Jim Chalmers (2023) ‘Capitalism After The Crisis’

Quality Jobs in the Future of Work


How do we ensure that economic transformation over coming years builds strong foundations for
quality jobs that provide living wages, fair conditions and opportunities for people, families and
places?

Job creation is regularly called out as critical Despite this gap, it is clear that evidence points to the
to the creation of strong national and local inherent connections between quality jobs, physical
economies — particularly at times of crisis or and mental health, wellbeing and even positive
recovery. The mantra of “jobs, jobs, jobs” has intergenerational outcomes.
once again been loud after the pandemic, and in
the face of the ongoing economic uncertainty. What is also increasingly evident is that quality
jobs can have broader benefits for businesses and
However, there is also a growing recognition organisations; places and communities; and ultimately
that focusing just on growing the number of could have profound implications for regenerative and
jobs will not necessarily lead to either improved distributive futures and the health of our planet.
economic or social outcomes (see for example
OECD,2020).
“Low quality jobs can hinder economic growth and
What is increasingly called for is a focus on the strain public budgets. Low quality jobs may be designed
quality of jobs needed to promote the wellbeing to minimize labor cost for an individual business
of workers and their families. and accommodate high turnover. Such jobs limit the
purchasing power of a large segment of consumers,
There are pockets of innovation in various corners reducing the strength of the economy as a whole. … In
of the globe that have created a solid evidence contrast, good quality jobs invest in human capability,
and policy base for a focus on quality jobs — but boost productivity, and provide workers with the resources
we are a long way from the dominant narrative to express their wants in the market in the form of
focusing on quality over the quantum of jobs. consumer demand without having to rely on means-tested
benefits” Aspen Institute, (2021).
18
For workers, quality jobs are linked to:
Financial Security
Economic Certainty
Physical + Mental Health
Access to Safe + Stable Housing
Imagining quality jobs in the Community Participation
future of work requires us to Quality of Life
Potential for Self Development
think much more broadly about
Q
the role quality jobs have in u a lit y J o

b
relation to workers, families, For families, quality jobs are linked to:
communities, businesses Financial Security + Financial Stress
and organisation, places / Frequency that employment anxiety interferes with
family life or results in family stress
communities and the planet. Family Stability
Here we have summarised the Access to Safe + Stable Housing
potential impacts that quality Intergenerational Wellbeing
Intergenerational Opportunities for Work + Education
jobs have at each these levels Mental + Socio-Emotional Development Outcomes
- this is further explored in this for Children
blog.
For businesses + organisations, quality jobs are
linked to:
Productivity + Longevity
Customer / Client Service
Employee Recruitment +
Retention
Adaptability + Viability

For places, quality jobs are linked to:


Community Participation
Local Economic Demand + More Diverse Local Economy
Connection + Commitment of People + Families to Place
Community Wealth which is reinvested + supports better
infrastructure
Opportunities for local residents
Social Cohesion

For the future of our planet, quality jobs have


potential to:
Foster sunrise industry development
Contribute to decarbonising the economy
Figure 9: Potential impacts of quality Create opportunities for future generations through decent
jobs beyond the individual worker work in sunrise industries
Generate opportunities for alternative opportunities if jobs
are automated
19
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Green + Gold Quality Jobs Quality Employee Voice Quality + Inclusion


Jobs Plan Index Care Jobs + Ownership in Reporting
How could we create How could a ‘Quality How could we ensure How could we support How could corporate
a living ‘Green + Gold Jobs Index’ be created that jobs in the care + incentivise business reporting (such as ESG
Jobs Plan’ which that would start tracking industries (whether models + structures that or integrated reporting)
identifies, incentivises job quality, tracing how that be care in terms of grow ownership + asset focus not just on a
+ promotes sunrise it impacts different health, children, elderly development rights, in company’s ‘external’
industries where quality sectors, industries and/or care for Country) addition to stakeholder impacts, but the internal
jobs are being + will be + people + be made represent quality jobs participation + voice conditions for staff +
created over the next transparent to stimulate in terms of income, - such as employee workers, making inclusion
decade? market responses and conditions, training and ownership + cooperative + equity in employment
a race to the top across progression? structures? a key part of corporate
industries? reporting?

Employee Stock Diversity


Conditions Ownership Programs
(ESOPS) Sustainability
Income Gold Star Jobs: Progression Equity
Quality Green Jobs:
of Life + Social Enterprise Preserve
Stability Worker Owned High Quality Jobs
Health Restore Shared Value
Quality Support Enterprises Regenerate Inclusion Participation
Outcomes B Corps Stability
Job
Green + Gold Jobs Plan:
Incentivising business structures
Quality Jobs as a Public Health issue Incentivising + promoting sunrise
+ strategies that promote Making inclusion + equity in
critical to intergenerational employee ownership, asset industries where quality jobs are employment central to corporate +
Engaged, Valued
Workforce
well-being development + voice created + regenerated institutional reporting

Good for Complementarities


Jobs Mean Good Business Consumers
Well-being Stakeholder Working Environment Good
Focused State Centred Business Quality Spillovers
New Social Contract that Increased
Good for Quality Jobs Stronger Local
positively connects workers, Earnings Labour Market Workers in Care Good for
Demand
Value Chains
business + State Quality Security Business Increased Productivity
Mapping Quality Jobs across geographies, New Multipliers calculating total
A quality jobs index that makes populations, genders, ethncities, ages + Incentivising quality jobs in essential
benefits + costs of investment into local
Figure 9: Potential starting points for visible the quality of jobs across race + the infrastructure to act on + especially care industries: health,
projects - away from trade-offs
industries + sectors inequities children, elderly, Country
creating futures for quality jobs towards spillovers
20
“People...(have an) appetite for a more conscious sense of wellbeing...(one of) the key lessons
of the pandemic: that healthy economies rely on healthy people and communities. The old
mental models die hard, even while they were shown to be so inadequate for the new problems
they left us: skills shortages, an aged-care crisis...etc” Jim Chalmers (2023) ‘Capitalism After The Crisis’

A Diverse Care Economy that Really Cares


How do we cultivate a care economy that genuinely values and supports caregivers, promotes
wellbeing for care recipients, and builds a more compassionate and equitable society?

One of the shifts the global pandemic has The care sector plays a crucial role in supporting
catalysed is a deeper recognition and appreciation individuals, families and communities, enabling
of the critical role of care workers in society. The economic, social and workforce participation,
pandemic has not only raised the profile of the care and contributing to the overall wellbeing of the
sectors, it has generated widespread discussions Australian population. Yet this sector faces some
about the need to improve their working conditions major challenges over coming decades - around
and the overall care infrastructure. In Australia workforce availability, structure and capability, the
the so called ‘care economy’ covers sectors such quality of services and community expectations,
as aged care, disability services, family services, and the availability, use and integration of
child care, social housing, homelessness services, technology into various sectors. The care
mental health services - it employs around economy is highly feminised in terms of the labour
1.8million people, and is the fastest growing force - and, as was highlighted in the Ageing
employing sector (Care Economy CRC, 2022). Royal Commission, it is plagued by lower than
It is also likely to continue to expand and face average incomes and poor working conditions.
significant challenges as the population ages and
demands increase. Further, measures such as productivity in this
sector of the economy are woefully inadequate
Government is a major investor in and provider of - it is quality of care and outcomes for people
services within the care economy, in addition to and families that we need to measure and report
playing a significant role in regulation and quality on as key measures of success, not outputs
assurance. In many ways, for much of this growing per hour. Essentially, if the care economy is to
part of the economy Government has played a contribute to equity, wellbeing and sustainability
major shaping, creating, designing role - and has we will need to ensure that it truly is about care
led the development of markets within care sectors. and caring.
21
What if...
Participation, inclusion + equity
What if... were integral to the design +
The care economy offered delivery of all levels of care? What if...
access to high quality training + The care economy became the
education for all workers + care sector of choice for workers seeking
recipients? holistic recognition + rewards

d?
through employment?

re
What if...
Participation,

a
yC
People could access a lifetime care
Inclusion, Equity Formal budget + use these to choose
Training, Education, elements of care from across formal

all

Ca
+ informal sectors?
Skills

Re

ring
What if...

for
ies Informal care provision was
recognised as generating social

Co
+ economic value?

un
nom

try
Ch Informal
ild
Ca
OMY
Wellbeing
re
Eco

N
What if...

O
We valued the wellbeing of care
Social Care recipients, care givers + families
+ Welfare Workforce
re

within the care economy?

CARE EC
Economic
What If Ca

What if...
The financial returns with the
Health Care care economy were only one of
the value measures?

Care Recipients What if...

Care
We were to account for the social
d Value Creation
Age
value created through a thriving
care economy across
Social generations?

What if...
Infrastructure Investment We established systemic investment
Public models that could generate value from
What if...
investing in care across life-cycles?
We created more opportunities for
cooperatively + diversely owned What if...
infrastructure that generates social capital Long-term ‘patient’ investment into care
across care? ecosystems was incentivised over
What if... short-term, maximised financial returns?
Technological infrastructure enabled Private Civic
cross-generational opportunities for
What if...
We could receive integrated reports
deeper whole-of-life care?
detailing holistic value creation across
What if... Social Technological Institutional different types of capital to get a better
Distributed institutional infrastructure that picture of investment flows into care?
is embedded in place enabled people to
access care in their communities across
22 their lifetimes? Figure 11: Dimensions for re-imagining a care economy that really cares
A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Care Better Collaboration Focus on Quality Jobs Growing Caring


Infrastructures Integration + Prevention + in + for Care Business Models
Diversity Ecosystems of Care
How could care How could collaboration, How could stronger How could quality How could business
infrastructures integration + holistic prevention jobs be mandated + models + structures that
be reimagined + approaches be infrastructure be built promoted across the enable caring cultures +
transformed to ensure stimulated + incentivised into the care system, care economy so that engender the business
that care industries to create stronger which recognises quality is embedded not of caring, such as
promote equity, pathways + navigation and invests in social just for care recipients cooperatives, employee
accessiblity, affordability across care sectors + determinants of health, but for care givers too? owned businesses,
and quality for both ensuring responsiveness wellbeing promotion + networked organisations
carers + care recipients? to diversity + quality ecosystems of care? be grown + scaled?
outcomes?

Pockets of the Future in the Present


Social care mutuals deliver social care through co-operative or mutual The program is designed as a cross-sector, place-based program using human-
structures. This means that members of the organisations, who can centred co-design methods to demonstrate innovative ways to improve service
be the consumers, the carers, the community or any combination quality and safety in priority areas, including aged care, disability care, veterans
of these, are involved in decision-making and benefit from its care, allied health, and primary care.
activities, including through the reinvestment of trading surplus.
The Business Council for Cooperatives and Mutuals (BCCM) will work with
Co-operatives and mutuals operate in aged care and disability services, communities to co-design social care projects in areas deemed by the Royal
community health, First Nations services and social housing. Co- Commission into Aged Care Quality and Safety most in need. These include
operative and mutual structures can increase diversity and choice rural, remote, and regional communities, Indigenous services, and more housing
in health, community and social services with positive outcomes for options allowing people to ‘age well’ in community settings.
accountability, innovation, quality and productivity.
The BCCM is funded by the Department of Health and Aged Care to establish
The Co-operative and Mutual Enterprises Support Program (Care a national support program to advise communities on how to start new co-
Together) is Australia’s first co-operative and mutual enterprise operatives in aged care and other care sectors and help existing co-operatives to
support program in social care. grow.
Care Together will help improve the quality and diversity of services For examples of how cooperatives overseas have become a critical part of
provided to older Australians, people living with disability, and care infrastructures see: https://cecop.coop/works/italian-social-cooperatives-
veterans in remote and regional areas and other areas of high need. celebrate-their-30th-anniversary and https://www.shaw.co.uk/
23
“(We need) an orderly energy and climate transition, with implications for living costs, employment, where and
how we live, the commercialisation of technology and the trajectory of our economic development. This means
introducing cleaner, cheaper, more reliable and increasingly renewable energy, and adopting practices and
technologies that limit our emissions. All while creating new industries, empowering workers and regions, and
leveraging our traditional strengths” Jim Chalmers (2023) ‘Capitalism After The Crisis’

Just Energy Transitions


How do we ensure a just energy transition in Australia that is tailored to the unique circumstances of
Australia, considering its vast geography, diverse communities and ecologies, and its specific energy
challenges and opportunities?

Australia has long been described as the ‘lucky country’ - with Shifts in ways people produce, consume + value energy. Low-carbon energy
a wealth of natural resources, including energy sources, and a transitions are shifts from high-carbon energy sources (oil, gas, coal) to low +
zero carbon energy sources (renewables)
strong, democratic commitment to sharing the opportunities this
has afforded. This has, however, also had profound implications
Energy Transition
for First Nations communities who have not always benefited
from this wealth (despite being the custodians of the land from
which this wealth has been derived), and on the environment -
through both extraction and consumption practices.

Transitioning to clean energy, low carbon industries and


economies, in the relatively short window of time available
to prevent deeper climate crises, is already creating both Just Energy Transition
challenges and opportunities for Australia and the world.
Quality Jobs in low Economic
Ensuring that this transition is timely and just is critical. This carbon growth Participation + opportunities
includes ensuring that access to the opportunities the transition sectors voice in for those
will no doubt afford are shared, and that they speed the closing decision-making impacted most
of the gap between Indigenous and non-Indigenous Australians. Affordability +
Accessibility
The next decade represents a critical period for designing,
building, and operationalising energy transitions in Australia. It
is perhaps the greatest opportunity that Australia has ever had to Environmental
Justice + Fairness
transform both the economy, the social contract, the commitment
to environmental sustainability - and most importantly, to Equitable sharing of the benefits, costs, risks + opportunities in the energy transition
demonstrate reconciliation.
24 Figure 12: Framing a ‘just’ energy transition compared to a ‘business-as-usual’ energy transition.
Directional Policy
Economist Carlotta Perez is a specialist in the history Structures

of technical change and its impact on economic


growth and development (Perez, 2004, 2022). She Social Labour
argues that major transitions such as the energy Safety
Nets
Institutional Organisation

transition we are starting to experience always involve Socio-political Socio-


ideas + institutional
technological, economic and institutional shifts. behaviours frameworks

In discussions about the energy transitions we often Demand


Impetus +
Directional
Impetus +
focus only on the technological and economic shifts, Enablers Enablers

and institutional shifts are either left out or thought to Incentive


Revolutionary
Transitions Innovation

be determined by the other two domains.


Structures Economic Technological Ecosystems

Production Innovation Technological


Capital Impetus + Revolutions
Enablers
Re-imagining the institutional infrastructure and the
Techno-economic
nature of the innovations we need to construct these Financial
Capital paradigms

could be the basis for challenging and interesting Enabling


Research +
Development
public deliberation. Market
Structures
Structures

Directional Capital
Procurement Availability
Structures + Flow

Figure 13: Transitions always include three core domains (based on Carlotta Perez, 2002)

A set of potential territories for collective imagination + deliberation: in these cards we have drawn some starting points from our
discussion with the group and from research that could form the basis of questions for deliberations on this theme.

Equity as Central Skills + Jobs Regional + Local + National Measured


Revolution International Independence Benefits
How could we ensure How could integrated Leadership How could integrated
that the transition is and emergent jobs + measurement
just + equitable - taking skills planning help to How could Australia How could incentivising frameworks help track
consideration of flows map + develop worker become a regional + diversified energy mixes, + share benefits of
of costs, opportunities, transitions, responsive + international leader of the local grids, community the transition across
benefits at all stages, + adaptive skills + education transition, benefiting both ownership models and environmental, economic,
investing in promoting offerings, harnessing of future development of co-investment models social, health indicators,
equity in spaces such platforms + technologies Australia + also becom- promote resilient energy including emissions,
as housing retrofitting + for generating workforce ing a supplier + promoter infrastructure at national job creation, public
efficiency, job training, + development + of energy transitions in and local levels? health improvement,
access to new technology opportunities for emerging the Asia-Pacific region? protection of ecosystems
in particular? industries? + biodiversity?
25
Pockets of the Future in the Present
Community Power Agency (CPA) are working
to create a clean energy future that benefits and What is
involves all Australians. They provide expert made
advice and support to communities, organisations, visible as
government and industry in developing community ‘innovation’
owned renewable energy and more broadly a faster Technological
and fairer clean energy transition. CPA works closely Technological
Innovation Changes
with project partners to improve the social outcomes
of renewable energy development for communities,
regulators and developers. They are leaders in
corporate benefit-sharing and community engagement
practices within the sector and are committed to
ensuring a fair and equitable transition to a clean First: Industrial Revolution Second: Age of Steam
energy economy. (Britain) ~ 1771 (Britain to Europe to USA) from
1829
Enabling participation in the energy transition Private Property
is fundamental to its work. Through workshops Social Innovation
Agricultural Protection Institutional Growth of Institutional
Charity - private +
Public Innovation Enclosure of Land
Changes
Revolution public
and trainings, CPA has supported more than 50 Civic Innovation Demand
Enablers Clearances + Poor Laws +
community energy groups to take the power back and Increased food Mass Migration to
Growing rural +
regulation of poverty
Money to purchase urban poverty
develop and deliver their own clean energy project; manufactured goods
production Urban Centres
Mass Urban Creation of an Urban
they have contributed to the growth in community Housing Labour Force
Growth of Mutual Aid
Cooperatives
Surplus food
energy initiatives across Australia, where there + income
Development Voluntary Philanthropy

are now more than 110 groups and 150 projects Social
operating. An often invisible Changes Economic Demand for reforms

Changes in Company Act


context that Shift in work from
home to factory
Boom in capital
CPA also works closely with governments to develop included many Shifts in family markets
Voting Reforms
Shifts in transfer of Political shifts to
policies and programs that are both inclusive and structures

sustainable, with the objective to improve outcomes


other ‘innovations’ knowledge - craft
guilds to production
Shifts in
Burgeoning middle
class
merchant cities

both enabling technological techniques


gender roles
for all Australians and our environment by setting the innovation plus being driven by it
agenda and making community energy a priority in
the political and social landscape.

CPA is a Workers Cooperative registered in NSW Figure 14: Every transition requires innovation but not only in the form of technological innovation - it is
with the Department of Fair Trading; and a registered just as important to foster innovation of institutions, societal processes, and economies as can be seen as
charity with the Australian Charities and Not-for-profit underpinning the industrial revolution in the UK (based on Carlotta Perez, 2002).
Commission.

26
“The virus is rewriting our imaginations. What Towards Growing Collective Imagination Capabilities
felt impossible has become thinkable. We’re
getting a different sense of our place in history. By exploring each of the seven themes – delving into core questions,
We know we’re entering a new world, a new era. perspectives on the Territory, starting points for sense-making, and Territories for
And we seem to be learning our way into a new deliberation – and looking at where some potential pockets-of-the-future already
structure of feeling.” exist we hope to have sown some imagination-seeds for meaningful next steps.
Kim Stanley Robinson, 2020
As mentioned, citizen juries or assemblies, participatory budgeting initiatives,
and the deliberative democracy movement more broadly offer useful insights and
tools for engaging broader participation in imagining and enacting futures. Whilst
previously there has been some ad hoc activity in Australia, as far as we can tell
there has been no systematic attempt to test various models being used around
the world in our local context.

For imagination-starters around this, the OECD’s 2020 publication Innovative


Citizens Participation and New Democratic Institutions: Catching the Deliberative
Wave is a useful resource – it draws on almost 300 examples of deliberative
practices, and exploring “the reasons and routes for embedding deliberative
activities into public institutions to give citizens a more permanent and meaningful
role in shaping the policies affecting their lives”.

However, as we identified earlier, we also think there is a significant opportunity


to strengthen collective imagination towards positive futures through engaging
with a broader range of methods – such as uncovering narratives about collective
futures; Imaginariums; Speculative Futures writing and arts festivals; serious
imagination games; distributed collective futures festivals; and intentional
‘growing imagination capabilities’ initiatives (see p.5 for more).

Fostering diverse participation and learning towards how to do this at scale will
strengthen our democratic system through enshrining at its centre a fuller range
of perspectives and realities. Whilst the task can seem daunting, we advocate a
process of starting small, testing, learning and iterating the ways forward.

In addition to thickening ties with local citizens and building capabilities


that underpin resilience characteristics, deliberative processes also offer
policymakers a ‘people-powered tool’ that reduces reliance on the reports of
consulting firms and strengthen the critical notion of public service.

27
Our commitment to planting seeds... “The moral imagination requires the capacity to
imagine ourselves in a web of relationships that
Fostering bold and collective imagination and creativity
will take time, space and practice.
includes our enemies; the ability to sustain a
paradoxical curiosity that embraces complexity
We’ll need to support and stoke imagination equally without reliance on dualistic polarity; the
amongst citizens and the public sector. fundamental belief in and pursuit of the creative
act; and the acceptance of the inherent risk of
There is no shortage of this creativity, just a lack of stepping into the mystery of the unknown that lies
‘infrastructure’ that supports it to be heard, explored and beyond the far too familiar landscape of violence”
channelled. John Paul Lederach, 2005
In this booklet we’ve explored some possible steps
towards engaging and harnessing our collective
imaginations, to support the acceleration of transitions
towards positive futures.
“This is the complex nature of a time between
We think the Treasurer’s own electorate (where we
worlds. It asks us to sit with the unthinkable,
happen to be based!) would be an excellent place to test
some of these steps - whilst also generating a broader
with yet un-worded sensations; while old stories
conversation about the role of collective imagination still hold us hostage; with the pull of the abyss
in shaping democratic, values-based capitalism and within us. These threshold-times will not relent
wellbeing. to a nostalgic past nor will they release anyone
from unknowable futures - so learn to sit and
We commit to reaching out to the Treasurer’s Electorate withstand we must. ... Reimagining the enabling
Office, and to our wide network of local stakeholders, conditions (from those elusive social imaginaries
with the aim of catalysing action around fostering to concrete spaces to binding legal frameworks to
collective imagination experiments within the Logan the nuanced social-structuring of projects to the
place-based context; and to sharing learnings outwards. flow of capital) prompts other questions, conjuring
other ways to rehearse freedoms, defying
We offer a foundation - a step towards engaging and
harnessing our collective imaginations.
invented walls .. and reweaving it all once again
into radical inter-dependencies that are truer to
And we make a commitment to taking these the realer larger reality of entangled life”.
foundations and demonstrating them in action, in the Gabriella Gómez-Mont, 2023
Treasurer’s own electorate - will you join us Jim?

28
References
The Banksia as a Metaphor...
Chalmers, J. (2023) Capitalism After the Crisis, The Monthly,
We illustrated this response with images March, available at: https://tinyurl.com/5dnk37vs
representing the Banksia or Wallum. The Banksia
Elkington, J. (2018) 25 Years Ago I Coined the Phrase “Triple
grows in what could be seen as quite difficult terrain, Bottom Line.” Here’s Why It’s Time to Rethink It, in Harvard
reminds us of regeneration, rebirth, particularly after Business Review, June
crisis, with many species needing fire before the
Gurciullo, S. (2021) ‘Systems Finance for Development
woody fruits are able to crack open and release their
Portfolios’, Medium Blog Post, UNDP available at: https://
seeds. tinyurl.com/28nwvmxj

Banksia roots are also important to soil health and Hofstetter, D. (2020), Transformation Capital – Systemic
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www.griffith.edu.au/griffith-business-school/centre-for-systems-innovation

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